Intel Reports Record Year $54 Billion in Annual Revenue Up 24 Percent

Intel Corporation today reported full-year revenue of $54 billion, operating income of $17.5 billion, net income of $12.9 billion and EPS of $2.39 - all records. The company generated approximately $21 billion in cash from operations, paid dividends of $4.1 billion and used $14.1 billion to repurchase 642 million shares of stock.

For the fourth quarter, Intel posted revenue of $13.9 billion, operating income of $4.6 billion, net income of $3.4 billion and EPS of 64 cents. The company generated approximately $6.6 billion in cash from operations, paid dividends of $1.1 billion and used $4.1 billion to repurchase 174 million shares of stock.

"2011 was an exceptional year for Intel," said Paul Otellini, Intel president and CEO. "With outstanding execution the company performed superbly, growing revenue by more than $10 billion and eclipsing all annual revenue and earnings records. With a tremendous product and technology pipeline for 2012, we're excited about the global growth opportunities presented by Ultrabook systems, the data center, security and the introduction of Intel-powered smartphones and tablets."

Business Outlook

Intel's Business Outlook does not include the potential impact of any mergers, acquisitions, divestitures or other business combinations that may be completed after Jan. 19.

it make a nice contrast with the official poverty measure in the states

The official poverty measure is published by the United States Census Bureau and shows that:

In 2010, 46.9 million people were in poverty, up from 37.3 million in 2007 -- the fourth consecutive annual increase in the number of people in poverty . This is the largest number in the 52 years for which poverty rates have been published (DeNavas-Walt 2011, p. 14).

it make a nice contrast with the official poverty measure in the states

The official poverty measure is published by the United States Census Bureau and shows that:

In 2010, 46.9 million people were in poverty, up from 37.3 million in 2007 -- the fourth consecutive annual increase in the number of people in poverty . This is the largest number in the 52 years for which poverty rates have been published (DeNavas-Walt 2011, p. 14).

GPUs are a fairly tiny part of AMD's revenue. I would say APUs are going to be driving future profits more than any other product, especially since Intel has nothing to compete in that segment. They release earnings next week, and they're expected to beat earnings estimates for the fourth quarter in a row.

People "in poverty" in the US wear Jordans, The North Face jackets, have iPhones, and buy lobster with their food stamps.

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one sided political scare tactic nonsense...not everyone abuses the system. A lot of decent hard working people would not be able to make it without help from the fortunate like us. Who plunk thousand down on overpowered uber machines to mostly play games while john doe across the street work two jobs to feed his family and keep the lights on.